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Home Mutual FundsDebtOvernight FundICICI Prudential Overnight Fund

ICICI Prudential Overnight Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Overnight Fund category.

This fund has given 127.64% annualized return for the last 3 years.

At present ICICI Prudential Overnight Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of ICICI Prudential Overnight Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

1,34,785

98,785

107.49%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • As of 31 Jan 2024, fund size of ICICI Prudential Overnight Fund is 11,264.7 Cr.

  • ICICI Prudential Overnight Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.18%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • ICICI Prudential Overnight Fund is an Debt oriented mutual fund in the - Overnight Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for ICICI Prudential Overnight Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 05 Nov 2018 as at present it is 6 years old fund.

  • Name of the AMC is ICICI Prudential Mutual Fund. Click here to know more about ICICI Prudential Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. ICICI Prudential Overnight Fund managed by following fund manager(s);

How does the Return Comparison of the ICICI Prudential Overnight Fund fare against peer funds in the Overnight fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by ICICI Prudential Overnight Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Overnight fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.40% 0.99% 4.93% 4.93% 6.53% 5.28% 4.54% 4.65% 67.97%
Category Average 0.33% 0.83% 3.94% 4.30% 6.10% 5.12% 4.42% 4.60% 47.12%
ICICI Prudential Overnight Fund 0.12% 0.54% 1.61% 3.27% 6.71% 6.65% 127.64% 66.12% -
Bank Of India Overnight Fund 0.12% 0.54% 1.63% 3.31% 6.80% 6.73% 5.96% - -
Axis Overnight Fund 0.12% 0.54% 1.61% 3.27% 6.73% 6.65% 5.88% 4.86% -
UTI Overnight Fund 0.12% 0.53% 1.60% 3.25% 6.69% 6.61% 5.85% 4.83% 67.61%
Mirae Asset Overnight Fund 0.12% 0.53% 1.59% 3.25% 6.67% 6.60% 5.83% 4.85% -
Invesco India Overnight Fund 0.12% 0.54% 1.60% 3.25% 6.70% 6.61% 5.84% - -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of ICICI Prudential Overnight Fund are shown below;

Equity -

Debt 4.81%

Others 95.18%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 32611 364 DAYS TBILL 08FB24 FV RS 100 1.77%
GOVERNMENT OF INDIA 32583 364 DAYS TBILL 01FB24 FV RS 100 0.44%
GOVERNMENT OF INDIA 33335 182 DAYS TBILL 22FB24 FV RS 100 0.44%
GOVERNMENT OF INDIA 33320 182 DAYS TBILL 16FB24 FV RS 100 0.22%
Others 97.13%
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Allocation by Instruments

Type of the InstrumentHolding Percentage
TREASURY BILLS 2.87%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Low risk